Russia intensifies drive to replace US dollar in global trade

Russia is rapidly advancing its de-dollarization initiative by promoting the use of national currencies in trade. Foreign Minister Sergey Lavrov emphasizes the creation of independent trade mechanisms to bolster economic sovereignty, especially as BRICS and ASEAN nations explore alternatives to the dollar.

Currently, XRP is priced at 2.18 USD and is displaying cautious optimism despite recent market changes. With a market cap of 128 billion USD, the cryptocurrency’s trading volume has remained active, indicating potential accumulation by traders as they monitor price fluctuations closely.

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